Ethereum marked its 10th anniversary with the NFT Torch event, serving as a significant milestone for both the community and the network.
Total NFTs and Participants
The NFT Torch event wrapped up on July 31, 2025, minting over 780,000 NFTs. More than 660,000 unique addresses participated, highlighting the community's high level of engagement.
Impact on Transaction Volumes
During the event, NFT transaction volumes on Ethereum surged by 300%. This reflects the increasing interest in NFTs and network activity, making Ethereum a notable player in the digital asset domain.
Event as a Reflection of the Ethereum Community
The initiative, organized by the Ethereum Foundation, underscored the importance of inclusivity in the cryptocurrency space. While no direct quotes from notable figures were present, the foundation's announcement clearly reflected a commitment to open participation of the community.
As a symbol of Ethereum's decade, the event demonstrated how an inclusive approach may influence the future of the network in the realm of digital assets.